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Account Statements Explained

Equity Run Codes

COM - COMmissions paid, month-to-date

FIR - Firm Initial margin Requirement

FMR - Firm Maintenance Requirement

LIM - Long In-the-Money; the intrinsic value of any long options

LOV - Long Option Value; the liquidation value of open long option positions

LV - Liquidating Value; the liquidating value of all position, both futures and options, in the account

M/E or M/D - Margin Excess or Deficiency

NIM - Net In-the-Money; the combined intrinsic value of all option positions in an account

NOV - Net Option Value; the liquidation value of open option positions

OTE - Open Trade Equity; the value of open futures positions

SIM - Short In-the-Money; the intrinsic value of any short options

SOV - Short Option Value; the liquidation value of short option positions

TC - Total Call

TE - Total Equity; the sum of ACB (cash) and OTE

WF - Withdrawable Funds; the amount of excess (or deficient) cash in an account

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Daniels Trading - Commodity Futures Brokers, Commodity Options Brokers, FX Futures (Forex) Brokers

100 South Wacker Drive, Suite 1225 • Chicago, IL 60606 • +1.800.800.3840

Daniels Trading is a registered trademark. All rights reserved. Copyright © 2008 Daniels Trading.

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.